Q3 financial report performance is outstanding! Several Bank of America stocks have reached new highs together, can they continue to strengthen during the rate cut cycle?
Yesterday, JPMorgan, Goldman Sachs, Wells Fargo & Co, Morgan Stanley, and bank of new york mellon all hit record highs during yesterday's trading session. However, the stock prices later rose and fell back, with bank stocks showing mixed performance at the close.
Express News | Citigroup: Qualcomm (QCOM.O) target price lowered from $200 to $185.
Market turbulence, Wall Street reaping huge profits: Trading frenzy brings surprising performance.
Following the government spending triggered by the epidemic and the market driven by low interest rates, large banks in the usa have experienced a trading frenzy, where increased volatility has actually fueled trading activity.
Bank of America's Wall Street Bet Pays Off -- Heard on the Street -- WSJ
RBC Adjusts Price Target on Citigroup to $67 From $66, Maintains Outperform Rating
Morgan Stanley Adjusts Price Target on Citigroup to $82 From $86, Maintains Overweight Rating